Showing posts with label Passive Income. Show all posts
Showing posts with label Passive Income. Show all posts

June 2023 Passive Income

Wanted to compile passive income for the quarter but realised it might be difficult so doing for June 2023 instead. 

1. $163
2. $5
3. $37
4. $51
5. $2970
6. $19 (DBS multiplier)

Total = $3245

Rough estimate only as I am rounding  and might have missed some other items. 

I was surprised at DBS Multiplier Account since I set it up a few years back and haven't really been paying attention to it. I am also not making any effort to keep track of the categories that I need to fulfill in order to get the highest interest rates. Besides, the amount I have within is not significant.

The reason I am recording this down is because I realised that I have gotten a little haphazard in my finances and goals with little record-keeping and not even being certain whether I will be meeting my retirement goals. Time to record it more diligently so that I have a good record of my passive income and when I might possibly retire. :)

To obtain a $100  monthly passive income, I probably need $24,000 invested in an instrument that gives 5% yield. That means that $240,000 will yield $1000 per month and $2.4million (!!!) will yield a healthy $10,000 per month.

Looking back at my old goals, I was probably too naive that my expenses will remain the same. The family has grown and the cost of living has also gone up significantly. So whatever passive income goals that I have set now appears to have shifted even further away. But I was inspired afterbreading ASSI blog recently and realised that he is still blogging and has retired. Considering that we started blogging around the same time, it means he has stuck to his plans while I have failed in mine. 







Create Multiple Streams of Income

Creating multiple streams of income can provide financial stability and increase your overall income. Here are a few ideas to consider:

Start a side business: Identify a market need or pursue a passion by starting a small business. This can include offering services, selling products, or freelancing in your area of expertise.

Invest in stocks or real estate: Investing in stocks or real estate can generate passive income through dividends, rental income, or capital appreciation. Research and seek professional advice before investing.

Develop an online presence: Explore opportunities to monetize your skills and knowledge through platforms like blogging, podcasting, or creating YouTube videos. You can generate income through ads, sponsorships, or selling products.

Rental properties: If you have extra space, consider renting it out on platforms like Airbnb or long-term rental agreements. This can provide a steady stream of rental income.

Peer-to-peer lending: Explore peer-to-peer lending platforms where you can lend money to individuals or small businesses and earn interest on your investments.

Create and sell digital products: Develop digital products like ebooks, online courses, or software applications that can be sold online. This allows you to generate passive income once the product is created and marketed.

Affiliate marketing: Partner with companies and promote their products or services through affiliate marketing. You earn a commission for each sale made through your referral link.

Rental businesses: Consider renting out equipment, such as cameras, tools, or vehicles, to individuals or businesses in need. This can be a profitable venture with low initial investment.

Royalties and licensing: If you have creative works such as books, music, or artwork, explore opportunities to earn royalties or license your creations for use in various mediums.

Dividend-paying stocks: Invest in established companies that pay regular dividends to shareholders. This can provide a steady income stream.

Remember, diversifying your income sources requires effort, time, and careful management. It's essential to evaluate each opportunity, consider your skills and resources, and conduct thorough research before committing to any specific stream of income.

创造多个收入流可以提供经济稳定性并增加总收入。以下是一些建议:

开办副业:通过开办小型企业,满足市场需求或追求个人兴趣。这可以包括提供服务、销售产品或在专业领域自由职业。

投资股票或房地产:通过投资股票或房地产,可以通过股息、租金收入或资本增值获得 passi。在投资之前进行研究并寻求专业意见。

发展线上存在:通过博客、播客或制作YouTube视频等平台,利用自己的技能和知识赚取收入。可以通过广告、赞助或销售产品来获得收入。

出租物业:如果有多余的空间,可以考虑在Airbnb或长期租赁协议等平台上出租。这可以提供稳定的租金收入。

点对点借贷:探索点对点借贷平台,可以向个人或小企业出借资金,并从投资中获得利息。

创造并销售数字产品:开发数字产品,如电子书、在线课程或软件应用,可以在线销售。一旦产品创建和推广完成,就可以获得被动收入。

联盟营销:与公司合作,通过联盟营销推广其产品或服务。您将根据通过您的推荐链接进行的每笔销售获得佣金。

出租业务:考虑将设备(如相机、工具或车辆)出租给需要的个人或企业。这可以是一个投资少、利润可观的企业。

版税和许可:如果您有创意作品,如书籍、音乐或艺术品,请探索赚取版税或将您的作品许可用于各种媒介的机会。

分红股票:投资向股东定期支付红利的知名公司。这可以提供稳定的收入流。

请记住,多元化收入来源需要努力、时间和仔细管理。在承诺任何特定的收入流之前,评估每个机会,考虑自己的技能和资源,并进行彻底的研究。



Passive Income Ideas for Millenials: Make Money While You Sleep

As a millennial, it's important to start planning for your financial future early. One way to do this is by building passive income streams, which can provide you with a steady flow of money without requiring a lot of effort. Here are some passive income ideas for millenials to consider:

1. Invest in stocks, bonds, or mutual funds: Investing in the stock market can be a great way to build passive income, especially if you have a long-term perspective. You can invest in individual stocks, bonds, or mutual funds through a brokerage account. While there are risks involved, over time, the stock market has tended to generate higher returns than savings accounts or bonds.

2. Rent out a room on Airbnb: If you have a spare room in your home, you can rent it out on Airbnb and earn passive income. This can be a great way to make money while you sleep, as the platform takes care of all the details, including booking and payment processing.

3. Invest in real estate: Real estate is another way to build passive income. You can invest in rental properties, or consider crowdfunding platforms, which allow you to invest in real estate projects with as little as $500.

4  Participate in affiliate marketing: Affiliate marketing is when you promote a product or service and receive a commission for any sales made through your unique referral link. This can be a great way to earn passive income if you have a website, blog, or social media following.

5. Create and sell an e-book: If you have expertise in a particular subject, you can write and sell an e-book on Amazon. This can be a great way to build passive income and share your knowledge with others.

6. Start a blog or YouTube channel: Blogging or creating YouTube videos can be a great way to build passive income if you have a passion for writing or creating content. You can monetize your blog or channel through advertising, sponsorships, or affiliate marketing.

These are just a few of the many ways to build passive income as a millennial. By starting early and investing in a variety of sources, you can create a solid foundation for your financial future.

As financial expert Dave Ramsey once said, "The key to becoming wealthy is living on less than you make and consistently investing the surplus." With the right strategies, passive income can help you make money while you sleep and achieve financial independence.



Rental Income or Dividend Income

Which is better? Rental income or dividend income?

Having both rental income and dividend income,  I can say that I actually prefer to collect dividend income.

In Singapore, I don't have to pay taxes on dividends. But I have to pay taxes on my rental income.

Also, rental income is taxed at one's income bracket and that results in a lower yield from whatever rent I collect. 

If using a housing/ real estate agent, one also has to pay the agent commission ranging from 1 to 1.5 months rental.  This alone can be quite significant.

In terms of passiveness,  there is work involved too in terms of finding tenants paperwork, etc.

On the other hand,  dividend income is fairly straightforward.  No taxes,  no hefty commissions to be paid, and relative ease in terms of monitoring (assuming one is buying a good quality income).

This is not investment advice. Purely stating my preference as a very lazy investor.


Two Ideas That Will Change Your View About Investing Forever

One day, when I was taking a shower (now readers know where all my inspiration comes from!!), I reflected on my years of working, investing, conversations with friends/family/colleague and tried to distill what were the two most important ideas or messages that I should tell anyone who was getting started on investing/retirement planning/personal finance.

You see, in Asia or in Singapore, personal finance is still pretty much a taboo topic.  It isn't the best lunch conversation topic (unless one is talking about the latest stock picks and how who and who made a million bucks from some investment).  But people in general tend not to reveal their own investments, savings, etc, etc. Money is almost like a taboo topic that is not discussed.

I have heard and read about so many ideas but I think these are the two most revolutionary ideas that will perhaps change the perception or philosophy of investors:

Idea #1 - Investing is for Income

I don't really recall when this idea struck me or came into my head.  It might have been a book I read or when I was just thinking about retirement planning in general.  But the key idea to investing is not to "earn a million dollars" or to "buy a big house", etc.  Well, those are the material things that people want and I guess it is easier for people to relate to some kind of physical possession or numerical value to determine that they have reached financial freedom.  However, this is probably misguided.

For most people, becoming a millionaire seems to be the ultimate goal.  However, if you dig deeper and ask them why they want to be a millionaire, it is probably due to the pre-conceived idea that with a million dollars, they no longer have to work and can retire in peace.  That probably explains why many people buy the lottery. The idea of having a big house is also related to the very simplistic idea that "if I own a big house, I must be rich, just like people on TV/movies.  If that is the case, I no longer need to work".  While these physical possessions gives many people a financial goal to strive for, at the end of the day, if you drill down deeper, you know that reaching these arbitrarily set goals probably does not put one in a better stead to achieve financial freedom.

At the end of the day, it boils down to cashflow.  Give a big spender a million dollars and let him retire at age 30.  It is possible that the million dollars can be spent even before his lifetime and he will have to return to work.  And that probably explains why many lottery ticket winners end up becoming bankrupt or broke again.  So the idea is cashflow.  And the idea is that all that you are investing for is not for a big house or for a million dollars, but it is for the sole purpose of income.  It is the common Chinese saying : " qian sheng qian" or "using money to grow more money".

When one invests, the million dollar goal (or two million dollar goal) is actually so that you can start drawing down on that sum of money during your retirement years.  That is how most financial planners will actually work out how much you need for your retirement.  They take the age you intend to retire, and the expected life expectancy, and calculate your monthly expenditure to indicate what is the $X dollar value that you need in retirement funds.  But so many people forget that the $X dollar value is meant to provide them with income when they stop working and stop drawing an income.

So at the end of the day, all investing is for the sake of income.  Nothing more and nothing less.  That is the sole goal of investing.  You are basically trying to build up a stockpile of cash that you can tap upon when you are not drawing any money.  If you have $10million dollars invested in an instrument that gives you a 10% per annum yield, you will have $1million in income to spend every year.  That is as simple as it gets.  If you put that $10million in a bank with 0% interest, what you draw down on that bank account every month is basically income while the original value of your bank account just gets depleted month after month.

This idea is "revolutionary" because not many people I know of think or speak of investing in that sort of way.  They always speak of investing as some sort of arbitrary goal or just about making more money from the stock market.  If you realise that investing is about income, you will realise that building up that income is just one side of the story.  What you as an individual will also need to manage is your monthly expenditure so that it does not exceed your monthly income.  And isn't that all there is to personal finance.  No wonder we hear the frequent maxim: "Spend less than you earn".  Because even when you retire, you also need to spend less that you get in income.

Once this idea is firmly implanted in your head, it will then help you better strategise how you want to go about building up that income stream for your retirement years.  For some people, it could be just a bank account.  For others, it might be bonds or dividend yielding stocks/REITs or businesses or even rental income from property.

Here is where the 2nd idea then comes in a little much easier....

Idea #2 - If You Intend to Work for the Rest of Your Life, You Don't Really Need to Invest

I know that this idea will probably draw a lot of flak from some readers who will still think that it is important to invest.  What I am alluding to is the hypothetical situation of a person who has no intention to retire and whose life expectancy is say at age 80.  Effectively, a financial planner who does his calculation will realise that there is no investment product he can offer this person especially if the person is willing to live within his means.


If one is able to work till death and still draw an income, then you literally will not have the need to set up a retirement fund.  However, there is of course all the unexpected events that life can throw at us.  Illness, retrenchment, disabilities, etc, etc can all potentially strike us even if we intend to work for life.  So at the end of the day, one will still need to prepare for such unforeseen scenarios either through investing/savings/insurance.


I don't intend to retire, but I still invest.  And the reason I invest is just in case there comes a day when I am forced to retire.


Dividends and Passive Income for Jan and Feb 2013

I have been keeping a very bad record of my dividends/passive income.  But here it is so that I do not forget:

Jan 2013:  $111.80
Feb 2013:  $287.46

Main contributors were from Armour Residential REIT (ARR), GAMCO Gold and Natural Resources Trust (GGN), and Starhill Global REIT.

I have also liquidated quite a few of my stocks.  On the back of STI hitting its 5 year high, I have sold off all my holdings in Ascott REIT, Saizen REIT, LMIR, Thakral, Nam Cheong and Citigroup.

How Much Does Youtube Pay?

So how much does youtube pay its partners for videos that are uploaded and monetised?  For those interested in earning some additional cash, youtube offers a partner program which pays you cash. You can check out the partner program here (http://www.youtube.com/yt/partners/).

Youtube is basically owned by Google so its partner program is really like Adsense. It is linked to adsense and one basically earns revenue from the advertisements that are shown.  The amount one can earns depends on the type of ads and the pricing of the ads that appear with your videos.

Based on feedback, it seems like the normal rate paid is 1/3 cent to 1 cent per view.  What this means is that for a video with 1,000,000 views, you can earn $3300 (1,000,000 x 0.033 cents).  Other users claim a rate of between $1 to $5 for every 1000 views.  So that places it around $1000 to $5000 for a million views.  The rate does not seem to far off from the normal adsense program where one is paid both for clicks and for views.  At this stage, one can only wonder how much Psy earned from his Gangnam style music video.

Of course, your videos have to be original content, suitable for all users, etc.  And if you do the math, you will realise that it isn't that easy.  You basically need to have a large audience before it is possible to make money from youtube.


Students in computer room, c1990s
Time to work my butt off

Investments and Dividends for November

Made quite a few investments this month.  Bought into a few stocks/REITs:

  • 50,000 shares of Thakral
  • 10,000 shares of LMIR
  • 20,000 shares of Saizen
Dividends/passive income for November was quite okay.  Roughly $250.  Most of it were contributed by Gamco Global Gold and Natural Trust (GGN) and Armour Residential REIT (ARR). ARR is a mortgage REIT.  Both stock prices hve declined quite a fair bit but I will like to think that my strategy is one where I will diversify a bit into other stocks rather than focusing on just these two stocks.

I also bought some shares of the Coca Cola Company (KO).  


August Dividends

Dividends collected for the month of August 2012 is $846.67.  I was kind of disappointed as I thought or had the impression that I would be expecting more for this month.  However, 800 bucks is still a decent sum.    Most of this came from Ascott REIT.

I also sold off Fortune REIT and Cambridge REIT for a tidy profit.

One Stock that Pays Monthly Dividends

Have been holding on to this stock that pays monthly dividends for a few months now.  The stock is Gamco Global Gold & Natural Resources Trust (GGN).  It pays a dividend of US$0.14 every month and is currently trading at US$13.69.  After accounting for withholding tax rate of 30% (since I am not a US citizen), the dividends is slightly less.  There are of course exchange rate fluctuations to account for too.

I just bought another 200 shares recently bringing my total holdings to 500 shares.

GGN is a close ended fund (CEF).  The fund's objective is as follows:

The GAMCO Global Gold, Natural Resources & Income Trust by Gabelli is a non-diversified, closed-end management investment company that seeks to provide a high level of current income. The Fund's secondary investment objective is to seek capital appreciation consistent with the Fund's strategy and its primary objective.
Under normal market conditions, the Fund will attempt to achieve its objectives by investing at least 80% of its assets in equity securities of companies principally engaged in the gold industry and the natural resources industries. The Fund will invest at least 25% of its assets in the equity securities of companies principally engaged in the exploration, mining, fabrication, processing, distribution or trading of gold or the financing, managing, controlling or operating of companies engaged in "gold-related" activities. In addition, the Fund will invest at least 25% of its assets in the equity securities of companies principally engaged in the exploration, production or distribution of natural resources, such as gas, oil, paper, food and agriculture, forestry products, metals and minerals as well as related transportation companies and equipment manufacturers


The dividends declaration for July, August and September 2012 also remains at US$0.14.


  • The distribution for July 2012 will be payable on July 24, 2012 to common shareholders of record on July 17, 2012. 
  • The distribution for August 2012 will be payable on August 24, 2012 to common shareholders of record on August 17, 2012. 
  • The distribution for September 2012 will be payable on September 21, 2012 to common shareholders of record on September 14, 2012. 




Dividends and Passive Income for May 2012

The month of May 2012 was a bonus month for me as I received quite a bit of dividends/passive income.  The main contributor came from some of my small cap stocks.

Total dividends/passive income for May 2012 is $1483.26


Probably one of the better months for me thus far.


Dividends and Passive Income for April 2012

Dividends and passive income for April 2012 was close to $600.  This was contributed mainly from selling off my Pacific Andes rights and collecting the dividends that were also paid out by Pacific Andes.  Pacific Andes is a stock that I have been holding for some time now but I just did not feel comfortable taking a bigger position so I did not subscribe to the rights issue.

The rest of the money actually comes from the monthly dividends that I receive from Gamco Global Gold and Natural Resources Trust (previously called Gabelli but now re-named as Gamco).  GGN (the stock ticker symbol) provides me with $30+ dollars per month.  That is after the 30% withholding tax deduction which is quite huge if you ask me.

Nevertheless, I am satisfied with April 2012's dividends and passive income received. May 2012 should also be a good month for me.

[17 May 2012 Update:  Actual dividends for April was actually above $700.  Realised that I underestimated the dividends and sale of rights arising from Pac Andes]

Investment Thoughts for 2012

Today is the 10th day into 2012 and I realised that I have not thought out my investment plan, made any resolutions or done anything fruitful in the past 10 days!  And there has been this constant nagging in my head that tells me that I ought to focus my attention on a few things and try not to spread out my efforts too thinly.  So perhaps now is a good time to update on what are some of my thoughts for 2012.  This includes some of my personal reflections and does not constitute any investment advice.

Passive Income - Monthly Dividend Stocks and Real Estate Investment Trusts (REITs)

High on my list is perhaps creating a passive flow of income for myself either through stocks that provide monthly dividends or REITs which either provide quarterly or half-yearly distributions. For monthly dividend stocks, one has to turn to the US market.  One of the monthly dividend stocks that I have bought into is Gamco Global Gold (GGN).  REITs on the other hand are easily available on the Singapore Stock Exchange or SGX.  I am looking at diversifying my REITs holding as I am currently heavily invested in Ascott REIT.

Gold is Money and Nothing Else


For those of you who have been following me, you are perhaps aware that I have been looking towards silver both as a means to hedge against inflation as well as just for collecting purposes.  Buying silver in Singapore is still limited to only a few shops but hopefully this certain industry/sector will slowly develop.

Investing in this Site


I have also decided that I ought to invest a bit more time and money on this site.  This includes some facebook advertising as well as my plan to work on a eBook.

These are all still works in progress but I certainly hope that the perfectionist in me does not cause me to procrastinate or be paralysed such that I do nothing at the end of the year.  It has been my longest desire to write a book and an eBook might just serve that purpose.

Dividends and Passive Income for Nov 2011

Have been too busy lately to write..  But thought I should just check in to say "hi" to readers.  It has been a busy month both at work and at play for me.

Dividends and passive income for the month of Nov 2011 was around $300.  Couldn't be bothered to do the conversion of USD to SGD but I figure it should be somewhere there.  Managed to renew some ad space on my sites so that helped to boost the income a little.

I have also been thinking a bit more seriously about the charities that I ought to be giving to.  Some days,  I just feel like I have been blessed with so much and I really have not much need for so much money.  After all, there is only so much one can eat, and spend money on.  There is just a numbing effect to spending so much money.  It doesn't give me great pleasure or happiness anymore.  Well, in the past , retail therapy was something that I subscribed to.  But nowadays, I lead a simple life and I am pretty content with simple food and a simple lifestyle.

Right now, I am just waiting for Christmas to come.  Can't believe that it is now the end of the year.  And another whole new year awaits me.

Wishing all readers an advance Blessed Christmas!


Financial Freedom, Being Debt Free and Quitting My Job

Today, I asked myself 3 questions:

How long more do I need to achieve financial freedom?
When will I become debt free?
How long more must I work at my job?

After so many years of working, it seems that I am no where closer to my goal and dream of financial freedom (where my passive income will surpass my monthly expenditure).  I did a quick calculation and estimate my passive income to be slightly around $2800 per year.  That is much less than what I thought I would have achieved 3-4 years ago when I first started out on this journey.  It seems that I will still be taking a long time to reach my true goal of financial freedom. Over the years, my monthly expenditure has also crept up slightly.  This can only mean one thing:  I NEED TO WORK HARDER AT MY GOAL!

Being debt free of course is one of the things that I look forward to.  It simply means having more disposable income to play around with.  Of course, if you manage to borrow cheaply, it does not make sense to pay back the loans if you can get a higher rate of return compared to the interest you are paying on your debts.  However, I don't know...perhaps it is just psychological.  But being debt free is something that I hope to achieve.  Well, at least I mean clearing my bad debts (e.g. car loan).  Good debt is still welcomed.

Well, the last question that I asked myself is really related to the first 2 questions.  When I can quit my job is probably the day I am certain that I have attained financial freedom.  It is not that I hate my work or anything.  It is just that I feel I can be doing so much more with my life and time then having only remnants of my time to give to my family and friends.  

 I want to work for the rest of my life.  But I don't want to have to work for a living (a.k.a having a job). 

Time to get down to business.  

Bought Ascott REIT

Bought another 3 lots of Ascott REITs (@$1.065) after I realised that I have not been investing in the stock market a lot.  Thought that it will be good to add to my current portfolio considering the amount of spare cash sitting in the bank that is not earning much interest anyway.  That brings my total exposure to Ascott REITs to 15 lots.  Have been enjoying the dividends over the past few years and hopefully, the dividends that come in will not fail to disappoint me.

August was good in terms of dividends received but September has been pretty quiet.  Other than a Adsense cheque that I received, have not received much passive income.  Can definitely do better for the future.


How to Earn Extra Cash & The Hidden Difficulties

I read with interest a certain article on AsiaOne that gave ten ways on how one could earn extra cash.  The article was well written but I wasn't too sure how helpful it was to people who actually read it.  I mean what was listed down was really ten ways to earn extra cash but I guess the difference really lies in how difficult it is to make extra cash (especially if one holds a full-time job) and also what I would term as the "work-reward" ratio (i.e. how much work you have to put in versus the magnitude of the earnings/reward).

For example, babysitting was listed down as one of the ways to earn extra cash.  Sure, this advice applies well to stay-at-home mums but even if $1000 is paid out for you to babysit a child for all weekdays throughout a month, is it a worthwhile effort?  Likewise, Adsense was listed down as one of the ways but seriously, how long does it take for a newbie to earn $1000 through Adsense?

Why it is probably easier to babysit 

These are difficult questions and will probably require difficult answers.  But looking at it, I can safely tell you that it will be easier for most people to earn $1000/month doing babysitting compared to earning $1000/year from Adsense.  And the context is really important.  And the reason for this apparent difficulty or disparity lies in a really simple answer that probably plagues many of Singapore's local businesses too:  Singapore is too small.

Imagine an American blogger.  With a total resident population in the United States of 300 over million people and a high internet penetration rate, it is fairly easy for this American blogger to reach out to his target group of audience (i.e. customers) in America.  Even if he was only able to capture % of the audience per day, that will amount to 3 million readers per day already.  The same Singaporean blogger has no such luck.  If he managed to reach out to 1% of the residents per day, it only amounts to 50,000 readers.  Of course, the 1% target is really arbitary but it shows that for the same amount of effort, the Singapore blogger (with his/her Singaporean content only interesting to the locals) is placed at a severe disadvantage.

The Solution?

Well, the solution actually seems pretty straightfoward.  Go global!  Blog about things that the global audience can identify with and relate to.  But this is challenging and extremely difficult.  Unless you know what the global audience wants to read, you will probably find it extremely difficult to build up a site that will be visited by visitors.  This is not to mention the language barrier, culture barrier, and other impediments that you face.  And one can safely say that most people who try to eke out a living on the internet will rarely succeed.  But that being said, it is not entirely impossible.  There are good Singaporean bloggers who are making a living through their blogs.

How to Earn Extra Cash Passively

So I will give my own version of what I think is one good way to earn extra cash passively without much effort on your part.  . Well, surprisingly, I have found out that passive income is sometimes much easier to earn than active income (e.g. blogging).  I have earned a lot more from dividends paid out from stocks/shares I own compared to any other area.  Of course, this pre-supposes that one has sufficient capital to invest in stocks that pay out a good yield.  But this method has worked for me and has brought me fairly stable returns without me having to do a single thing.  Talk about earning extra cash without putting in much effort!

Of course, not all is rosy and one must expect that there could be a possibility of the dividends being cut or the share price dropping.  Nonetheless, dividends probably ranks pretty high up in my list of "How to Earn Extra Cash".

Added Alpine Global Dynamic Fund to Portfolio

During the recent market crash, I managed to buy into Alpine Global Dynamic Fund (AGD listed on the NYSE) for a price of US$5.64. This is one of those monthly dividend stocks and the dividends for the next few months is at US$0.06 per share. Not a bad yield considering my purchase price. This should add to my passive income stream quite a fair bit over the next few months.

Dividends for May 2011 from Innotek, China Aviation Oil and Capitaland

May seems to be a good month in terms of dividends. I have not been investing much over the years but my stock portfolio does give me good dividends from time to time.

Received some dividends from my shareholdings in Innotek, China Aviation Oil and Capitaland. The total amount received was to the tune of $1070. Perhaps it is time to reward myself with some good food over the weekend.


$790 Dividends for March 2011

March 2011 is gone. April is here. A new month. Collected almost $800 worth of dividends for March 2011. That has perhaps been my highest thus far for the year. Have been looking to add more dividend stocks lately but also wary about the market conditions now.

I have been toying with this concept for the longest time but have always put it off and procrastinated. What happens if I manage to invest a large percentage of my monthly salary into REITs or dividend paying stocks and then reinvest the dividends that I receive? Will I become financially free within 10 years?

Featured Post

Unlock Exclusive Deals and Savings: Join Amazon Prime Today!

Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new d...